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Property profile & analytics
OFF-MARKET
Specialty properties
1501 Elm Ave Norman, OK 73072-6422
Entity Owned
3-yr Hold
Free & Clear
Property ID
US69-0656541
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2008
Lot
0.91 ac (39,640 SF)
APN
NC29 8 2W 6012
UPID
US69-0656541
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alpha Sigma Phi Fraternity - University of Oklahoma Volunteer Organization Community Center
-
Kappa Alpha Order - Beta Eta Chapter Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jefferson And Elm Properties LLC · 3 yrs held
Jefferson And Elm Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norman submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Lot
0.91 ac (39,640 SF)
APN
NC29 8 2W 6012
UPID
US69-0656541
Jurisdiction
CLEVELAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Jefferson And Elm Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
115 LIBERTY HALL RD, LEXINGTON, VA 24450-1702
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
—
Jefferson And Elm Properties LLC
Fraternity Housing Corporation
Quit Claim Deed
related
—
Mar 14, 2016
—
Fraternity Housing Corp
Beta Eta Housing Corp
Warranty Deed
related
$1,300,000 · Rcb Bk
Aug 15, 2005
—
Beta Eta Housing Corp Etal
—
Trustees Deed
related
$25,370 · Spiritbank NA
Apr 1, 2005
—
Beta Eta Housing Corp Etal
—
Trustees Deed
related
$12,115 · Spiritbank NA
—
—
Beta Eta Housing Corp Etal
—
Deed Of Trust
related
$87,929 · Spiritbank NA
—
—
Beta Eta Housing Corp Etal
—
Loan Modification
related
$14,621 · Spiritbank NA
—
—
Bobby Masterson
—
Deed Of Trust
related
$76,800 · Arvest Mortgage Co
—
—
Beta Eta Housing Corp Etal
—
Deed Of Trust
related
$314,950 · Rcb Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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